BigLaw Hourly Billing Rates Continue to Rise

Yet another report is indicating that partner and associate hourly billing rates continue their inexorable rise at BigLaw:

Billing rates increased 3.1 percent for law firm partners last year, while associate rates jumped 7.4 percent. The average 2012 hourly billing rate was about $536 for law firm partners and $370 for associates, according to the analysis by TyMetrix Legal Analytics and CEB. Corporate Counsel summarizes…

Read: Average hourly billing rate for partners last year was $727 in largest law firms at the ABA Journal

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